The concept of non-profit making company is quite old in India. In erstwhile Companies Act, 1956 it was regulated by Section 25 and that is why it was popular as Section 25 Company. However in Companies Act 2013 provisions related to non-profit makin
Dear Professional Colleague, In this write up we shall discuss about the requirement of sending certain statutory documents to shareholders like Notice of General Meeting under section 101 of Companies Act 2013 and financial statements, including con
Dear Professional Colleagues, During the process of unlocking provisions of Companies Act, 2013, I have realized that Section 184 regarding disclosure of concern or interest by the Director has invoked considerable controversy for various reasons. In
Compliance is the BuzzwordThe success of every amnesty scheme depends on the benefits it provides to the delinquents. Under Company Law Settlement Scheme 2014, the defaulting companies[1] and its d
The concept of a "one-person company", or OPC, has been introduced in India under the Companies Act, 2013 and the intent is apparently to permit entrepreneurship of a single individual to obtain the benefit of a corporate form of organization.
SEBI has received representations from market participants including companies and industry associations, highlighting certain practical difficulties in ensuring compliance, seeking clarifications on interpretation of certain provisions and sugges
Stock Market regulator, Securities & Exchange Board of India(SEBI) has introduced certain amendments to the revised clause 49,vide circular dated 15th September, 2014, which is to be made effective from 1st October, 2014 onwards. The gist of the
Under Companies Act 2013, the date of incorporation of a company cannot be the date of commencement of business. From the point of commencement of Business companies may be divided into 2 categories: Public and Private Companies not having Share Cap
Guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies is primarily governed by Press Note No 2 (2009 Series) issued by Ministry of Commerce & Industry, Department of Industrial Poli
Dear Professional Colleague In last few days I have written and uploaded different corporate law procedures under Companies Act, 2013 for fellow professionals. In this article you may find some of them at one place in to the point and crisp language.
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